It’s think it’s also an example of why NIST is so important. The subversion of the standard is a problem, but the real exploit using that subversion was the laziness and lack of skill that downstream practitioners demonstrated. People clicked next and installed that RSA BSAFE package without any configuration or reading of the manual.
Without NIST, you’d have Crypto AG — much worse. With NIST, you may have trust concerns, but ultimately the US government is protecting much of its own data as well as politically/economically critical data with NIST algorithms (aka FIPS 140-2).
Ultimately, I think the model in place with these competitions is probably the “best worst” option.